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This paper uses a pooled mean group (PMG) estimator to evaluate the effects of tax policy on state-level growth. We find that property and sales tax rates have negative effects on long-run income growth, while income tax rates have no impact.
Persistent link: https://www.econbiz.de/10010597201
convergence in state-level growth rates is found. Second, the rate of convergence and capital share are inversely related …. Moreover, numerical computations show that the estimated values for the convergence rate and capital share are consistent with … fortes preuves en faveur de la convergence des taux de croissance sur le plan des etats. Dans un deuxieme temps, le taux de …
Persistent link: https://www.econbiz.de/10005638424
Using data for the European regions at NUTS-2 level, we test the predictions of a microfounded Schumpeterian growth model with technological interdependence recently developed by Ertur and Koch (2011, EK11). Spatial interdependence is identified by means ofa semiparametric geoadditive spatial...
Persistent link: https://www.econbiz.de/10011143868
Affuso A., Capello R. and Fratesi U. Globalization and competitive strategies in European vulnerable regions, Regional Studies. This paper highlights the role played by structural economic features and industrial competitive strategies in the performance of a group of European regions, defined...
Persistent link: https://www.econbiz.de/10009224405